Big charitable deductions are often built on appraisals. Valuation questions turn into tax questions and, ultimately, tax disputes. When a business or partnership donates land, the tax deduction is only as good as the appraiser’s number. The taxpayer picks the appraiser, pays the appraiser, and attaches the appraisal to the tax return. Years later, the… Continue reading When Your Appraiser Pleads the Fifth in Tax Litigation
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